Guidelines for the FDIC Quarterly Certified Statement Invoice
Period EO-2 Payment Date March 28, 2008

COMING IN JUNE – CHANGE TO APPLICATION OF ONE-TIME CREDIT
Since June 2007, if your institution had sufficient credit and was in a rate category considered to pose a low risk to the insurance fund, the credit offset on line 5 of the invoice was 100% of the FDIC premium amount on line 4. Beginning with the June 2008 invoice, the credit offset drops by law to 90% for those institutions meeting the above requirements. That is, going forward the net cash amount due will be 10% of the FDIC premium on line 4 plus the FICO premium on line 7. Please see http://www.fdic.gov/deposit/insurance/assessments/credit.html.

SPECIAL NOTIFICATION – REPORT OF CONDITION (“CALL REPORT”)
The grace period for filing the Call Report using the traditional method of quarter-end reporting has ended. With the March 31, 2008, Call Report, the only allowable methods will be either new quarter-end or -- for certain large institutions, newly insured institutions, and for those voluntarily opting in -- average daily deposits as reported on Schedule RC-O for banks and Schedule DI for thrifts. An incorrect filing will produce an inaccurate invoice and this can result in monetary penalties. For more information, please see FIL-21-2007 at: http://www.fdic.gov/news/news/financial/2007/fil07021.html.

ACH PAYMENT REQUIREMENTS

• The ACH amount on line 10 of the invoice is due Friday, March 28, 2008; any net refund will also settle on this day. Payment must be by ACH; check payments will be returned.
• Failure to make prompt payment can result in civil money penalties; see FIL-43-2007 at: http://www.fdic.gov/news/news/financial/2007/fil07043.html.
• If the ACH information on the invoice is incorrect, your authorized FDICconnect Coordinator should submit corrections by 4:30 p.m., EST, Friday, March 21, 2008. ACH changes can only be submitted through FDICconnect using the Assessment Payment Information transaction. If this transaction is not turned on, your Coordinator should go to: http://www.fdic.gov/deposit/insurance/assessments/fdicconnect.html for the necessary steps.
  

PAYMENT FOR MERGED OR ACQUIRED INSTITUTIONS

• If your institution merged with, or assumed the deposits of, another FDIC insured member during the first quarter of 2008, the invoices of any acquired institutions will be available to your institution’s FDICconnect coordinator and/or authorized users. Your coordinator or user should go to: http://www.fdic.gov/deposit/insurance/assessments/fdicconnect.html for download instructions.
• Your institution’s ACH account will be used to satisfy the payment for your institution and any acquired institutions. Fund your account for the combined total of all invoices. However, if an institution other than your own acquired some or all of the deposits, your institution might not be liable for the entire payment. Contact the Assessments Section, phone and email given at the website below, if this is the case.
  

MORE ASSESSMENT INFORMATION ON THE WEB
Go to: http://www.fdic.gov/deposit/insurance/assessments/index.html for more information.